Incyte (INCY) Misses Q4 EPS by 7c

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Price: $126.75 -0.98%

Revenue Growth %: +7.3%

Financial Fact:
Basic (in dollars per share): 0.2

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Incyte (NASDAQ: INCY) reported Q4 EPS of $0.40, $0.07 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $468 million versus the consensus estimate of $485.8 million.

2019 Financial Guidance

The Company has provided full year 2019 financial guidance, as detailed below.

�	�	�	�
�	�	�	2019
GAAP and Non-GAAP Jakafi net product revenues	�	�	$1,580 - $1,650 million
GAAP and Non-GAAP Iclusig net product revenues			$90 - $100 million
			�
GAAP Cost of product revenues			$112 - $117 million
Non-GAAP Cost of product revenues(1)			$90 - $95 million
			�
GAAP Research and development expenses			$1,185 - $1,255 million
Non-GAAP Research and development expenses(2)			$1,030 - $1,100 million
			�
GAAP Selling, general and administrative expenses			$471 - $521 million
Non-GAAP Selling, general and administrative expenses(3)			$420 - $470 million
			�
GAAP Change in fair value of acquisition-related contingent consideration			$30 million
Non-GAAP Change in fair value of acquisition-related contingent consideration(4)	�	�	$0 million

For earnings history and earnings-related data on Incyte (INCY) click here.

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